Economy

A sound jurisdiction for banking, finance and insurance services, Malta is classified as an Advanced Economy and its major resources are limestone, a favourable strategic location and productive workforce.

The economy is dependent upon financial services, foreign trade (serving as a freight trans shipment point), tourism and manufacturing (mostly electronics and textiles).

Film production is a growing industry. The Malta Financial Services Authority has been successful in attracting gaming businesses, aircraft and ship registration, fund administration and credit card issuing banking licenses. 

Employment

The working week in Malta has 40 hours with a legal maximum of 48 hours. The eight additional hours have to be paid for in overtime compensation.

Paid annual leave entitlement is 25 days per annum plus a day off from work on every public holiday that does not fall on a Saturday or Sunday. Since Malta has 14 public holidays altogether, you might thus benefit from a slew of additional leisure time.

Healthcare

State funded healthcare is available to all citizens of Malta and long term residents via the network of public hospitals and general practitioners. Private sector care has long co-existed with the state sector.

Malta aims to be the Mediterranean hub of medical education, high quality medical care and medical tourism. Key areas for development are oncology, trauma care, aged care and rehabilitation.

The Government of Malta has entered into strategic partnerships with international universities, medical schools and private sector healthcare companies to enable it to achieve its objectives in the development of this sector.

St Bartholomew's and the London School of Medicine and Dentistry and the Royal College of Surgeons of Ireland are active participants involved in medical education with local institutions.